Government subsidies and income smoothing

This study examines the relationship between government subsidies and income smoothing using a sample of US‐listed firms. We find that subsidized firms smooth their earnings more aggressively than their unsubsidized peers. This finding is consistent with the reasoning that subsidized firms bear high...

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Bibliographic Details
Published in:	Contemporary accounting research Vol. 41; no. 3; pp. 1477 - 1512
Main Authors:	Pappas, Kostas, Walker, Martin, Xu, Alice Liang, (Colin) Zeng, Cheng
Format:	Journal Article
Language:	English
Published:	Hoboken, USA John Wiley & Sons, Inc 01.09.2024 Canadian Academic Accounting Association
Subjects:	Attention Companies conséquences politiques Earnings Government Government subsidies Income income smoothing lissage des résultats obfuscation obscurcissement political cost Scrutiny Smoothing Subsidies subventions Taxation
ISSN:	0823-9150, 1911-3846
Online Access:	Get full text
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